COMPANY NEWS

COMPANY NEWS; Analog Devices In Hewlett Tie

Published: January 28, 1992

SAN FRANCISCO, Jan. 27—
The Hewlett-Packard Company and Analog Devices Inc. said today that they had formed an alliance to jointly develop mixed-signal semiconductors. Such chips combine digital and analog processing on a single chip, and are increasingly used in automobiles, telecommunications and consumer electronic equipment.

"An alliance with a technology leader like H.P. affords us a unique opportunity to accelerate the development of advanced mixed-signal processes beyond what we could afford to do on our own," Ray Stata, Analog's chairman and chief executive, said in a statement.

The chips would initially be produced by Hewlett-Packard, using that company's submicron CMOS and BiCMOS technology, which allows the production of chips with low power consumption and heat generation, employing circuits narrower than one micron, or about 1/70 the width of a human hair. The agreement gives Analog, based in Norwood, Mass., the right to manufacture products eventually based on these processes.

Hewlett Packard shares closed today at $60.50, up $1.25, on the New York Stock Exchange. Analog Devices closed at $10.375, up 50 cents.